Overview

The industry includes businesses engaged the creation, liquidation, or change in ownership of financial assets.

Business types included in this category:
  • Activities Related to Credit Intermediation

    This industry group comprises establishments primarily engaged in facilitating credit intermediation by performing activities, such as arranging loans by bringing borrowers and lenders together and clearing checks and credit card transactions.

  • Depository Credit Intermediation

    This industry group comprises establishments primarily engaged in accepting deposits (or share deposits) and in lending funds from these deposits. Within this group, industries are defined on the basis of differences in the types of deposit liabilities assumed and in the nature of the credit extended.

  • Monetary Authorities

    This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the Nation’s money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as a fiscal agent for the central government.

  • Nondepository Credit Intermediation

    This industry group comprises establishments, both public (government-sponsored enterprises) and private, primarily engaged in extending credit or lending funds raised by credit market borrowing, such as issuing commercial paper or other debt instruments or by borrowing from other financial intermediaries. Within this group, industries are defined on the basis of the type of credit being extended.

  • Other Financial Investment Activities

    This industry group comprises establishments primarily engaged in one of the following: (1) acting as principals in buying or selling financial contracts (except investment bankers, securities dealers, and commodity contracts dealers); (2) acting as agents (i.e., brokers) (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts; or (3) providing other investment services (except securities and commodity exchanges), such as portfolio management; investment advice; and trust, fiduciary, and custody services.

  • Other Investment Pools and Funds

    This industry group comprises legal entities (i.e., investment pools and/or funds) organized to pool securities or other assets (except insurance and employee-benefit funds) on behalf of shareholders, unit holders, or beneficiaries.

  • Securities and Commodity Contracts Intermediation and Brokerage

    This industry group comprises establishments primarily engaged in putting capital at risk in the process of underwriting securities issues or in making markets for securities and commodities; and those acting as agents and/or brokers between buyers and sellers of securities and commodities, usually charging a commission.

  • Securities and Commodity Exchanges

    This industry comprises establishments primarily engaged in furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of stocks, stock options, bonds, or commodity contracts.

General Considerations

Before starting a business, you probably will need to register with the Florida Department of State, the IRS and the Florida Department of Revenue. For businesses located outside of the State of Florida, evidence of registration with their Division of Corporations or Corporate Registry may be required.

When you have completed those steps, you must apply for a business license from one of these Florida agencies:

  • Department of Agriculture and Consumer Services – pawnbrokers
  • Office of Financial Regulation – most financial institutions and brokers

Businesses within this category may employ or require individuals holding professional licenses.  If you are only pursuing a professional license, you may not need to complete all of the additional steps listed on this checklist.

Business owners in this category may also wish to explore assistance offered by the Florida Department of Economic Opportunity.

Get Started

The following represents your interactive licensing checklist for this business category. Select the expandable blue bars below for more information on the specific licenses, permits or registrations that may be required to open your business. We have also included a printable version of the following checklist available at the top of this page for your convenience.

Register your business with the Department of State

Department of State

The Florida Department of State’s Division of Corporations serves as the state’s central depository for a number of commercial activities. These activities include a variety of business entity filings, trade and service mark registrations, federal lien recordings, judgment lien filings, uniform commercial code financing statements, fictitious name registrations, notary commissions, and cable and video service franchises.

Steps to Opening

Agency Introduction

The Department of State (DOS) is where you register your business. You can search and access filed information for corporations, limited liability companies, limited partnerships, general partnerships, trademarks, fictitious name registrations and liens. Also, electronic filing and certification can be processed via the Department’s website.


  • Business Registration

Visit: http://dos.myflorida.com/sunbiz/forms/

Apply for your Employer Identification Number (EIN)

Internal Revenue Service

The Internal Revenue Service (IRS) is the nation’s tax collection agency and administers the Internal Revenue Code enacted by Congress.

Steps to Opening

Agency Introduction

If you are required to report employment taxes or give tax statements to employees, you need an Employer Identification Number (EIN) to send with all items you report to the Internal Revenue Service (IRS) or Social Security Administration. If you do not intend to hire others, you may skip this step.


Register your business with the Department of Revenue

Department of Revenue

The Florida Department of Revenue administers three programs: general tax administration, property tax oversight and child support. The general tax administration program works with Florida businesses that are required to register for, collect, report and remit the taxes and fees administered by the Department.

The Department also manages the State of Florida’s New Hire Reporting Center. Federal and state laws require employers to report newly hired, re-hired and temporary employees within 20 days of an employee’s start date. This information is used to assist the Department’s child support program with child support orders. The employment information reported through the state’s New Hire Reporting Center is also used to detect and prevent public assistance and reemployment assistance fraud.

For additional information, please visit www.floridarevenue.com.

Steps to Opening

Agency Introduction

A business owner or contractor may need to register for, collect, report and/or remit one or more of the taxes, fees and licenses administered by the Florida Department of Revenue. This is dependent on the structure of a business, the activities of a business, and whether the business hires employees. In addition, businesses must report newly hired, re-hired and temporary employees through the State of Florida’s New Hire Reporting program managed by the Florida Department of Revenue.


Reporting Employment Information

The Department manages the State of Florida’s New Hire Reporting Center. Federal and state laws require employers to report newly hired, re-hired and temporary employees within 20 days of an employee’s start date. The Department’s Child Support program utilizes employment information and employer cooperation to assist with child support order compliance. The reported employment information through the state’s New Hire Reporting Center is also used to detect and prevent public assistance and reemployment fraud.

  • New Hire Reporting Registration
  • Working with the Child Support Program

Visit: https://newhire.floridarevenue.com/SitePages/home.aspx

Business Taxes, Fees and Surcharge

Businesses in this category may be required to register for, collect, report and/or remit one or more of the following taxes and fees.

  • Corporate Income Tax Liability
  • Documentary Stamp Tax Registration
  • Reemployment Tax Registration
  • Sales and Use Tax Registration
  • Discretionary Sales Surtax (local option county taxes)

Visit: http://floridarevenue.com/dor/taxes/registration.html

Apply for a license from the Department of Agriculture and Consumer Services

Department of Agriculture and Consumer Services

The Florida Department of Agriculture and Consumer Services (FDACS) supports and promotes Florida agriculture, protects the environment, safeguards consumers, and ensures the safety and wholesomeness of food.  FDACS licenses and inspects various businesses and professions in Florida, such as bakeries, milk producers, weights and measurements, pesticide dealers, oyster harvesting, pre-packaged food sales, beekeepers and travel agents, among others. A variety of different businesses may need to coordinate with FDACS to obtain applicable licenses, registrations and/or permits.

Steps to Opening


Apply for a license from the Office of Financial Regulation

Office of Financial Regulation

The Florida Office of Financial Regulation is dedicated to protecting the citizens of Florida, promoting a safe and sound financial marketplace, and contributing to the growth of Florida’s economy with smart, efficient and effective regulation of the financial services industry.

Steps to Opening


  • Broker Dealer Associated Person Registration – FINRA or NonFINRA Member
  • Broker Dealer Branch Registration – Dealer-FINRA Member: Branch Office or Dealer-NonFINRA Member: Branch Office
  • Broker Dealer Firm Registration – Dealer-FINRA Member: Firm or Dealer-NonFINRA Member: Firm
  • Capital Stock Association License
  • Commercial Bank Charter
  • Commercial Collection Agency License
  • Consumer Collection Agency License
  • Consumer Finance Company License
  • Credit Union Charter
  • Crowdfunding Intermediary Registration
  • Deferred Presentment Provider
  • Family Trust Company License
  • Family Trust Company Registration
  • Home Improvement Retail Installment Branch License
  • Home Improvement Retail Installment Seller License
  • International Administrative Office License
  • International Bank Agency Office License
  • International Bank Branch Office License
  • International Bank Office License
  • International Bank Representative Office License
  • International Development Bank License
  • International Investment Company Charter
  • Intra-State or Merit Review Securities Registration (Securities Qualification Registration)
  • International Trust Company Representative Office License
  • Investment Adviser Associated Person Registration – Federal Covered or State Registered
  • Investment Adviser Branch Registration – State Registered Advisers: Branch Office
  • Investment Adviser Firm Registration – Federal Covered Advisers: Firm or State Registered Advisers: Firm
  • Issuer Dealer: Associated Person Registration
  • Issuer Dealer Branch Registration
  • Issuer Dealer Firm Registration
  • Loan Orginator License
  • Money Transmitters Part II Authorized Vendor
  • Money Transmitters Part II Branch Office License – Money Transmitter or Payment Instrument Issuer
  • Money Transmitters Part II License – Money Transmitter or Payment Instrument Issuer
  • Money Transmitters Part III Branch Office License – Check Casher or Foreign Currency Exchanger
  • Money Transmitters Part III License – Check Casher or Foreign Currency Exchanger
  • Mortgage Broker (NMLS) License
  • Mortgage Broker Branch (NMLS) License
  • Mortgage Lender (NMLS) License
  • Mortgage Lender Branch (NMLS) License
  • Mortgage Lender Servicer (NMLS) License
  • Mortgage Lender Servicer Branch (NMLS) License
  • Motor Vehicle Retail Installment Branch License
  • Motor Vehicle Retail Installment Seller License
  • Non-Deposit Trust Company Charter
  • Payday Lender
  • Retail Installment Seller Branch License
  • Retail Installment Seller License
  • Sales Finance Company Branch License
  • Sales Finance Company License
  • Savings Bank Charter
  • Title Loan Lender License

Visit: http://www.flofr.com/

Explore assistance from the Department of Economic Opportunity (optional)

Department of Economic Opportunity

In collaboration with our partners, the Florida Department of Economic Opportunity (DEO) assists the Governor in advancing Florida’s economy by championing the state’s economic development vision and by administering state and federal programs and initiatives to help visitors, citizens, businesses, and communities.

Steps to Opening

Agency Introduction

The Department of Economic Opportunity (DEO) utilizes public and private sector expertise to attract, retain and grow businesses and create jobs in Florida. It also provides valuable resources for businesses and entrepreneurs; assistance with recruiting workers; and statistical information regarding Florida businesses and employment. Your business may qualify for various state or federal assistance.


  • Assistance Programs

Visit: http://www.floridajobs.org/

Additional Local Government Information

County Business Requirements

Steps to Opening


Federal & Local Government Requirements

This checklist provides state and local requirements. Remember to check federal requirements for your business. The following organizations and websites can help:

  • Florida’s Small Business Development Center Network (FLSBDC) – State designated as Florida’s principal provider of small business assistance, the network provides no-cost, professional business consulting, in-person and on-demand training, and access to business research resources to help Florida businesses—no matter their stage of business—grow and succeed.
  • Florida Chamber of Commerce – Throughout the Florida Chamber’s 100 year history, its number one goal has been to encourage a business friendly climate that allows job creators to do what they do best – create private-sector jobs and contribute to Florida’s economy.
  • County Websites – Florida’s county governments require various licenses, permits and filings above and beyond state requirements, depending on the type of business you wish to open. Find out about other public services and opportunities related to Florida counties and their governments by visiting the Florida Association of Counties website.
  • City Websites – Business owners should be aware of local government requirements, especially local business taxes (occupational licenses), building permits and inspections, planning and zoning, and community and economic development opportunities. The Florida League of Cities offers a comprehensive, alphabetical listing of municipality websites and additional information about local events and government requirements.

Disclaimer: The State of Florida operates OpenMyFloridaBusiness.gov as a public service to Florida residents and visitors worldwide. While efforts were made to verify that the content of this website is accurate and comprehensive, it is recommended that you consult with a professional (e.g., attorney, CPA, SBDC, etc.) to ensure you meet all requirements before starting your business. OpenMyFloridaBusiness.gov is not responsible for the content of external websites.